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Home Uncategorized

S&P 500 notches another record closing high

Handshake 4u by Handshake 4u
November 5, 2021
in Uncategorized
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SINGAPORE — Stocks in Australia climbed after the S&P 500 on Wall Street rose overnight to another record closing high.

The S&P/ASX 200 gained 0.31% in morning trade.

Meanwhile, Japan’s Nikkei futures contract in Chicago was at 29,825 while its counterpart in Osaka was at 29,720. That compared against the Nikkei 225’s last close at 29,794.37.

Wall Street record highs

Overnight stateside, the S&P 500 climbed 0.42% to 4,680.06, another record closing high. The tech-heavy Nasdaq Composite also rose 0.81% to an all-time closing high of 15,940.31. The Dow Jones Industrial Average lagged, dipping 33.35 points to 36,124.23.

Stock picks and investing trends from CNBC Pro:

Currencies

The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 94.347 after a recent climb from below 94.0.

The Japanese yen traded at 113.83 per dollar, stronger than levels above 114 seen against the greenback yesterday. The Australian dollar was at $0.7403, struggling to recover after a plunge from above $0.75 earlier in the trading week.

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